The Auscann Group Holdings Ltd Share Price is Up 20% in a Week

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The Auscann Group Holdings Ltd Share Price is Up 20% in a Week

Flickr / Jeremy Brooks / CC BY-NC 2.0

The Auscann Group Holdings Ltd share price has continued its strong run and is up a further 6% to 46 cents today.

This means the medicinal cannabis company’s shares have jumped over 20% since this time last week.

Why has it jumped?

The rally in AusCann’s shares can be traced back to June 15 when the company announced the key appointment of Dr. Danial Schecter as Chief Medical Advisor.

Since the day of this announcement, AusCann’s shares have climbed in excess of 30%.

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